Hey all,
The second test of the low of the range permitted to bounce. With a strong green candle.
Currently, Lagging Span is stuck by daily cloud. And prices are blocked by 22,000$ resistance.
If these resistances are broken, 23,000$ is the next short term objective. Then, as an extension, the 25,000$ resistance.
Note that going back above 25,000$ is a higly important bullish signal, because both prices and Lagging Span will be above daily cloud. And for the next weeks, prices will be able to reach 29,000$, next flat of daily SSB.
The main support is still 18,822$.
Let's update this situation next week !
Cheers !
The second test of the low of the range permitted to bounce. With a strong green candle.
Currently, Lagging Span is stuck by daily cloud. And prices are blocked by 22,000$ resistance.
If these resistances are broken, 23,000$ is the next short term objective. Then, as an extension, the 25,000$ resistance.
Note that going back above 25,000$ is a higly important bullish signal, because both prices and Lagging Span will be above daily cloud. And for the next weeks, prices will be able to reach 29,000$, next flat of daily SSB.
The main support is still 18,822$.
Let's update this situation next week !
Cheers !